Seven days ago, product comparison site finder.com released a forecast report predicting the year-end price of Bitcoin in 2023, based on predictions from multiple cryptocurrency and fintech experts. Following the Bitcoin Price Prediction Report, Finder has released another study focused on Ethereum. , the second largest crypto asset in terms of market capitalization. Finders experts believe that Ethereum will peak at $2,474 per token this year and end at $2,184 per unit.
24% of Panelists Believe Ethereum Will Surpass Bitcoin by 2025, Finder Survey Shows
This week, product comparison site finder.com said report We surveyed 56 fintech and cryptocurrency experts to assess their predictions for Ethereum (ethereum) price this year. ethereum Like most digital currencies in the crypto economy, 2022 experienced a difficult year, but prices rose in the first month of 2023. According to 30-day statistics, ethereum It has risen over 32% against the US dollar and is now just below the $1,600 per unit range.
finder experts believe ethereum It will end the year at $2,184 per unit and peak at $2,474 per token at some point in 2023. Similar to the Bitcoin forecast report published last week, Finder specialists ethereum Falls to a significant low against the dollar. Panelists doubt ethereum A low of $984 is likely this year. Ben Ritchie, Managing Director of Digital Capital Management, said: ethereum Ending the year at $2,500 per coin, ethereum Prices could drop to $900 per car in 2023.
“Ethereum continues to dominate the market as the leading smart contract platform, driving a range of innovative projects within its ecosystem,” Ritchie explains in the report. “However, recent market challenges have raised investor concerns and may limit the price of Ethereum. [reaching] $2,500 this year. despite this, [the network’s] With low annual inflation, the price is expected to remain stable above $900 even in the event of future market turmoil. “
About 24% of panelists surveyed believe Ethereum will surpass Bitcoin by 2025. The report shows that 48% of his Finder panelists expect a “reversal” to occur eventually. Currently, 60% of fintech and cryptocurrency professionals are ethereum is undervalued, with about 28% believing it to be reasonably priced. About 12% of panelists believe: ethereum The price is too high and 16% now recommend selling. Of the participants in the report, 56% believe now is the time to buy, and 28% recommend holding.
“If you look at all blockchains based on security, decentralization and scalability, no other blockchain has fundamental balance and wise leadership coupled with the critical mass of Ethereum,” says technologist and futurist. says Joseph Radzinski. “I’m not saying it can’t be overthrown, but it’s becoming less likely with each passing month.” ethereum Valued at $6,033 per unit. By 2030, surveyed panelists will: ethereum It sells for $14,316 per coin.
You can check out the full Ethereum Price Prediction Report on Finder here.
What do you think of Finder’s predictions for Ethereum’s price in 2023? Do you agree with the expert’s assessment, or do you see different results for the major smart contract platforms? Let us know in the comments section below.
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